£170,000
Block of flats for sale
London Road, Neath SA11Freehold
EPC Rating: B
Key information
Tenure
Freehold
Council tax band
About this property
Central heating
Ideal investment opportunity
£15,876 total rent (less managing agent fees)
Neath City Centre Location
Potential to add further value
*ground floor commercial (A3) and two first floor flats*
The subject property occupying a prominent corner plot comprises a ground floor commercial property (A3 use) along with two self contained flats to the first floor with separate access. Both the ground floor commercial property and the first floor flats are let at a total rent of £15,876 after deducting the managing agents fees. Internally, the ground floor commercial property currently has planning consent for A3 use and is let on an internal repairing and insuring Lease. The two first floor flats are currently let on periodic rolling contracts.
Ground floor commercial
Currently trading as a Pizza Takeaway this ground floor commercial property occupies a prominent position on London Road. The accommodation comprises a sales area to the ground floor along with mess/staff room. The property is a total of 916 Sq.Ft. Rateable Value: £8,500. EPC rating: B
flat A:
Currently let on a periodic contract. We have been advised that this flat comprises entrance hallway, lounge, bathroom and bedroom to the first floor. Council Tax Band: A
EPC Rating: G
flat B:
Currently let on a periodic rolling contract, the accommodation comprises entrance hallway, open plan lounge-kitchen and bathroom to the first floor. Staircase access is provided to further loft room with velux windows. Council Tax Band: A. EPC Rating: F
More information
Listed by
Ashford Estate & Lettings Agents